These hacks and data breaches broke records in 2016

cybersecurity data breach hack

We’ve been saying this for many years: This year’s cyberattacks dwarfed last year’s. And in this regard, 2016 was no exception. From online fraud to account takeovers and data breaches, and everything else, attacks were dished out in bigger sizes and higher frequencies than before.

Some trends such as ransomware and DDoS attacks dominated the headlines, but that was not all 2016 had in stock. While experts might differ on which were the biggest hacks of the year, there’s no denying that the following four cases were really unprecedented in their own kind. Continue reading

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What Bruce Schneier teaches us about IoT and cybersecurity

Bruce Schneier, cybersecurity expert, cryptologist

As if I haven’t said it a million times, IoT security is critical.

But just when I thought I had it all figured out, somebody comes along and sheds new light on this very important topic in a different way.

At a November 16 hearing held by the Congress Committee on Energy and Commerce in light of the devastating October 21 Dyn DDoS attack, famous cryptologist and computer security expert Bruce Schneier offered a new perspective on IoT security, which makes it easier for everyone to understand the criticality of the issue. Continue reading

How the IoT industry will self-regulate its security

iot security

Following last week’s DDoS attack against Dyn, which was carried out through a huge IoT botnet, there’s a general sense of worry about IoT security—or rather insecurity—destabilizing the internet or bringing it to a total collapse.

All sorts of apocalyptic and dystopian scenarios are being spinned out by different writers (including myself) about how IoT security is running out of hand and turning into an uncontrollable problem. There are fears that DDoS attacks will continue to rise in number and magnitude; large portions of internet-connected devices will fall within the control of APT and hacker groups, and they will censor what suits them and bring down sites that are against their interests. The internet will lose its fundamental value. We will recede to the dark ages of pre-internet. Continue reading

How insecurity is damaging the IoT industry

internet of things

The Internet of Things (IoT) is often hyped as the next industrial revolution—and it’s not an overstatement. Its use cases are still being discovered and it has the potential to change life and business as we know it today. But as much as IoT is disruptive, it can also be destructive, and never has this reality been felt as we’re feeling it today. Continue reading

IoT botnets might be the cybersecurity industry’s next big worry

iot security

A recent DDoS attack staged against a brick-and-mortar jewelry store highlights just how devastating the negligence of IoT security can become. The attack, as reported by SC Magazine, involved a 35,000 HTTP request per second flood carried out by an IoT botnet of more than 25,000 compromised CCTV cameras scattered across the entire globe, causing the shop’s servers to go down. Continue reading

All you need to know about botnets

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We’ve all seen movies like Eagle Eye and Terminator Genisys, or read one of the myriad sci-fi books that suggest computers will one day take over the world – and then we dismissed the notion as being unrealistic or far from the truth. But with our lives become more and more connected, new possibilities and vectors arise for hackers with malicious intents to target our lives, if not necessarily in the manner that is depicted in the movies. They don’t need to run a SkyNet or Genisys network to have an army of evil robots at their command – they can conscript thousands and millions of mindless connected devices to their botnets, and force them to do their evil bidding. Continue reading